SCHE vs. AVEM
Compare and contrast key facts about Schwab Emerging Markets Equity ETF (SCHE) and Avantis Emerging Markets Equity ETF (AVEM).
SCHE and AVEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCHE is a passively managed fund by Charles Schwab that tracks the performance of the FTSE All-World Emerging. It was launched on Jan 14, 2010. AVEM is a passively managed fund by American Century Investments that tracks the performance of the MSCI Emerging Markets Index. It was launched on Sep 17, 2019. Both SCHE and AVEM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SCHE or AVEM.
Performance
SCHE vs. AVEM - Performance Comparison
Returns By Period
In the year-to-date period, SCHE achieves a 11.92% return, which is significantly higher than AVEM's 9.27% return.
SCHE
11.92%
-4.38%
3.26%
16.00%
3.96%
3.40%
AVEM
9.27%
-4.53%
-0.21%
14.20%
5.93%
N/A
Key characteristics
| SCHE | AVEM | |
|---|---|---|
| Sharpe Ratio | 1.02 | 0.85 |
| Sortino Ratio | 1.53 | 1.27 |
| Omega Ratio | 1.19 | 1.16 |
| Calmar Ratio | 0.60 | 0.74 |
| Martin Ratio | 5.03 | 4.16 |
| Ulcer Index | 3.05% | 3.23% |
| Daily Std Dev | 15.00% | 15.73% |
| Max Drawdown | -36.16% | -36.05% |
| Current Drawdown | -11.92% | -7.70% |
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SCHE vs. AVEM - Expense Ratio Comparison
SCHE has a 0.11% expense ratio, which is lower than AVEM's 0.33% expense ratio.
Correlation
The correlation between SCHE and AVEM is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
SCHE vs. AVEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Emerging Markets Equity ETF (SCHE) and Avantis Emerging Markets Equity ETF (AVEM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
SCHE vs. AVEM - Dividend Comparison
SCHE's dividend yield for the trailing twelve months is around 3.09%, more than AVEM's 2.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHE Schwab Emerging Markets Equity ETF | 3.09% | 3.83% | 2.87% | 2.86% | 2.09% | 3.27% | 2.69% | 2.31% | 2.26% | 2.50% | 2.86% | 2.56% |
AVEM Avantis Emerging Markets Equity ETF | 2.80% | 3.06% | 2.77% | 2.61% | 1.60% | 0.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SCHE vs. AVEM - Drawdown Comparison
The maximum SCHE drawdown since its inception was -36.16%, roughly equal to the maximum AVEM drawdown of -36.05%. Use the drawdown chart below to compare losses from any high point for SCHE and AVEM. For additional features, visit the drawdowns tool.
Volatility
SCHE vs. AVEM - Volatility Comparison
Schwab Emerging Markets Equity ETF (SCHE) and Avantis Emerging Markets Equity ETF (AVEM) have volatilities of 4.68% and 4.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.